ADTRAN Company Profile (NASDAQ:ADTN)

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

ADTRAN announced a quarterly dividend on Tuesday, October 17th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.09 per share on Wednesday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.64%. The ex-dividend date is Tuesday, October 31st. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) issued its quarterly earnings results on Tuesday, October, 17th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.13. The company earned $185.11 million during the quarter, compared to analysts' expectations of $185.43 million. ADTRAN had a net margin of 6.05% and a return on equity of 9.05%. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, January, 15th 2018. View Earnings Estimates for ADTRAN.

6 brokerages have issued twelve-month price targets for ADTRAN's shares. Their predictions range from $18.00 to $28.00. On average, they anticipate ADTRAN's share price to reach $24.00 in the next year. View Analyst Ratings for ADTRAN.

Here are some recent quotes from research analysts about ADTRAN stock:

• 1. According to Zacks Investment Research, "Shares of ADTRAN have outperformed the industry over the last six months. Ushering in further good news, the company reported better-than-expected earnings per share in the third quarter of 2017.  The bottom line also increased on a year-over-year basis. Total revenues climbed 9.6% year over year on the back of strong growth displayed by the company's Network Solutions portfolio. ADTRAN’s efforts to reward shareholders also raise optimism in the stock. Meanwhile, the company continues to impress with its lucrative product offering and solutions, which are some of the best in the industry. The company's efforts to expand internationally are also encouraging. However, continuous increase in costs is concerning and has the potential to hurt results in the near term." (10/20/2017)
• 2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)

Some companies that are related to ADTRAN include West Corp (WSTC), Acacia Communications (ACIA), Plantronics (PLT), Oclaro (OCLR), Infinera Corporation (INFN), Vocera Communications (VCRA), Applied Optoelectronics (AAOI), Sierra Wireless (SWIR), Spirent Communications Plc (SPT), Comtech Telecommunications Corp. (CMTL), Gilat Satellite Networks (GILT), Sonus Networks (SONS), Calix (CALX), Digi International (DGII), AudioCodes (AUDC), Harmonic (HLIT), EMCORE Corporation (EMKR) and Aerohive Networks (HIVE).

ADTRAN's management team includes the folowing people:

• Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
• Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
• Charles E. Marsh, Senior Vice President - Global Sales
• Michael K. Foliano, Senior Vice President - Global Operations
• Kevin P. Heering, Senior Vice President - Quality and Administration
• Raymond R. Schansman, Senior Vice President - Global Services and Support
• Eduard Scheiterer, Senior Vice President - Engineering and Development
• James Denson Wilson Jr., Senior Vice President - Technology and Strategy
• Gregory James McCray, Director
• Anthony J. Melone, Director

Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ADTRAN stock can currently be purchased for approximately $21.95.